FUND-BANK STRATEGY 39 selves at least to the goals of our founding fathers of keeping India a self-reliant and independent nation ? 1. W. Bello, D Kinley and E Elison. Development Debacle : The World Bank and Philippines, IFDP & Philippine Solidarity Network, 1982, p. 70. 2. Bela Balassa, Structural Adjustment Policies m Developing countries World Bank Staff Working Paper, no. 404, July 1981. 3. Robert Wood, The Aid Regime and International Debt: Crisis and structural Adjustment', Development and Change,Vo\. 16, no. 2, April 1985, p. 202. 4. IMF Loan: Facts and Issues, Govt. of West Bengal, Calcutta, 1981. \ • 5. IMF Memorandum (drafted by Fund economists before India was granted the EFF Loan ilv, 1981). Quoted in iW. 6. IMF Survey, Nov. 23. 1981, p. 377. 7. Welcome Address of President Ronald Reagan to Prime Minister Rajiv Gandhi, White . House, Washington D.C., USA, 12 July. 198"5. 8. Union Budget, 1985-86 (collection of articles). Economic and Political Weekly, April 20 and May 18, 1985. 9. Sec Prabhat Patnaik, "The Market Question and The Development of Capitalism in India", and, "Some Implications of Economic Strategy underlying'* 1985-86 Budget, EPW Annual Number, 1984 and April 20, 1985, respectively. 10. See for example M Kalecki, Social and Economic Aspects of "Intermediate regimes*, in Selected Essays on the economic growth of the Socialist and the mixed economy, Cambridge Univ. Press, 1972. .11. Economic Times, 7 August, 1985. 12. Govt of India, Economic Survey, 1984-85, p. 160-1 and 176.13. Commerce, 27 April. 1985. 14. The Herald Review, 4-10, August 1985. 15. Fortune, 19, August 1985. 16. See Prabhat Patnaik, op. at. 17. Patnaik<^. cit.